EX-10.7 4 ff12023a4ex10-7_workmedical.htm ENGLISH TRANSLATION OF LOAN AGREEMENT DATED OCTOBER 9, 2021, BY AND BETWEEN HANGZHOU SHANYOU AND HANGZHOU SHUIGE

Exhibit 10.7

 

Loan Confirmation Agreement

 

Party A: Hangzhou Shuige Technology Co., Ltd.

 

Party B: Hangzhou Shanyou Medical Equipment Co., Ltd.

 

It is agreed by Party A and Party B that:

 

As of September 30, 2020, the balance due from Party A to Party B is RMB 1,635,000.00.

 

According to statistics, during the 12-month period from October 2020 to September 2021, Party B lent to Party A a total amount of RMB 76,590,000.00. Party B has repaid to Party A an aggregate amount of RMB 52,758,630.00. As of September 30, 2020, the balance due from Party A to Party B is RMB 25,466,370.00.

 

Party A hereby confirms that the aggregate amount of the loan is correct, and undertakes to repay the above loan in cash or other personal assets of equivalent value.

 

Party A: Hangzhou Shuige Technology Co., Ltd. Party B: Hangzhou Shanyou Medical Equipment Co., Ltd.
   
Seal: Hangzhou Shuige Technology Co., Ltd. Seal: Hangzhou Shanyou Medical Equipment Co., Ltd.

 

October 9, 2021